Finance & Accounting

Resources

Finance & Accounting

Consero Global Continues Expansion of Boston Region and Names Eric Sockol as Boston Managing Director

BOSTON, MA (PRWEB) SEPTEMBER 18, 2017 Consero Global, a technology enabled finance & accounting services company that provides a comprehensive financial solution to growing companies, announced the hiring ...
Article

F&A partners can add strategic value without draining time

Research shows finding the right finance and accounting partner can unlock significant value for SMBs. However, the shared services space has become crowded.
Back Office Holding Back 3
Article

Poor Finance Puts Your Valuation At Risk

One of ways that poor finance & accounting can really hurt your business is when a transaction is taking place. Many things determine the value ...
Fanned out hundred dollar bills
Article

4 Ways Finance & Accounting Can Increase Your Company’s Valuation

You’ve launched your venture, survived due diligence and raised initial start-up funding. Congratulations! Now what? A longer-term view would entail building out the infrastructure of ...
Man's hands holding pen and using calculator
Article

Markup vs. Margin: What is the Difference? [+ Calculator]

Markup is the percentage difference between cost of goods sold and the selling price, gross margin is the percentage difference between the selling price and ...
Article

How To Create a Cash Flow Forecast

Predicting future cash flow plays a critical role in maintaining the company’s health, and yet many small businesses have no satisfactory forecasting mechanism in place. ...

Consero FaaS: Disrupting the Outdated Traditional F&A Model

Transformation
  • Cash to GAAP conversion
  • Clean-up work
  • Interim oversight & support
  • Accounting software Implementation

Build it Yourself Solution

  • CFO / Interim CFO
  • Consultants / VARs

Consero FaaS Solution

  • CFO / Interim CFO
  • or Consero Interim CFO
  • Consero Setup/Transformation
Ongoing F&A
  • Monthly financials
  • Daily accounting support
  • Management reporting
  • Integrate add-on acquisitions

Build it Yourself Solution

  • CFO
  • Controllers & Accounting Team
  • Enterprise Accounting Applications

Consero FaaS Solution

  • CFO
  • or Consero Fractional CFO
  • Consero FaaS Enterprise F&A Software and Services

New PE Platform Investment F&A Challenges

Founder Owned Company Accounting:
  • Existing accounting done on a cash/hybrid basis
  • Run on SMB accounting software and other disparate applications
  • Inability to produce auditable financials
  • Lack of know-how to develop projections & KPIs
  • No consistency/structure to customer contracts
  • Underqualified staff
  • Non-scalable manual processes
Carve-Out Accounting:
  • Required to move off parent company accounting applications in a timely fashion
  • Have to build an entire F&A team
  • No documented operational policies and procedures
To Optimized Finance & Accounting:
  • Monthly financials available in 5-10 business days
  • Audit and diligence ready support details
  • Integrated enterprise grade accounting software
  • Budget and forecast reporting
  • Business KPIs
  • Efficient & scalable processes for rolling in add-ons